News Article

Christie Sticks With Online Gaming Revenue Estimates

By Phil Gregory, WBGO News
Trenton. December 2, 2013

The Division of Gaming Enforcement will release its first report next month on revenue from online gambling in New Jersey. It’s unclear just how much money the Internet wagering will generate.

Governor Christie is sticking with projections that Atlantic City casino revenues in the first year of online gaming will exceed a billion dollars even though analysts at Fitch Ratings and Moody’s Investors Service expect it will be less than half that amount.

Senate President Steve Sweeney says Christie’s estimates are overly optimistic and will force adjustments to the state budget.

‘We’ll wind up like we do with all budgets. As we’re looking right now there a hole of a hundred and some million dollars. We expect that to grow. We’ll get down to work with the administration seeing where we can curtail costs.”

So far more than 51,000 accounts have been set up by people who want to make those online bets.

Newark Today

A monthly, one-hour, live call-in program focusing on social, economic and political topics pertaining to Newark.

On the March edition of Newark Today, we talk with Mayor Ras Baraka about what's been going on in the city, from the continuing reform saga at the Newark Public Schools to the city's efforts to repair community-police relations.

Conversations with Allan Wolper

Lacey Schwartz has written, produced and directed a documentary, Little White Lie, detailing how she grew up as a white, Jewish girl in Woodstock, New York, only to learn in college that her biological father was black and a friend of her mother. Lacey biological father was the late Rodney Parker, a legendary New York City college basketball scout from Brooklyn whose life was captured in a book called Heaven is a Playground. She married an African American man and considers herself a woman of color and retains her Jewish heritage.

SportsJam with Doug Doyle

Frank Scandale is the co-founder of The Daily Payoff, a website dedicated to informing the public about the gaming and gambling industry. Scandale, a long-time New York Mets fan, is a former editor with The Record (Bergen County) and The Denver Post.